Genius Announces Revenue-Driven Buyback and Burn of GENIUS

On-chain trading terminal Genius has announced plans to expand the role of GENIUS within its ecosystem by introducing a revenue-driven buyback and burn mechanism, along with new benefits for token holders. A portion of the revenue generated by the Genius App will be used to repurchase GENIUS and permanently destroy it, enhancing the correlation between product activity and token supply. Users holding GENIUS will enjoy fee discounts within the app and other Genius applications. Additionally, users holding at least 1,000 GENIUS will receive certification as top users, potentially gaining access to future giveaways and other in-app benefits. Genius is supported by YZi Labs and collaborates with the Genius Foundation, with the team launching the Genius App on the BNB Chain on October 27, integrating trading, social, and token creation functionalities.

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